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Showing 741 - 750 of 3971 results for "Law"

PwC chief exits over scandal

CASSANDRA BALDINI  |  TUESDAY, 9 MAY 2023
... which PwC senior partners shared information obtained during a confidential consultation with Treasury in relation to tax law changes. This included introducing new rules to stop multinationals from avoiding tax by shifting profits from Australia to ...

abrdn chief economist rejoins Reserve Bank

ELIZABETH FRY  |  MONDAY, 8 MAY 2023
Jeremy Lawson has rejoined Australia's central bank after working as abrdn's chief economist for 10 years. Lawson has been appointed deputy head of the international department at the Reserve Bank of Australia (RBA), effective August 1. He began ...

UK to ban cold calling on all financial products

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... has come to put the fraudsters out of business. And that's what I'm determined to do," Sunak said. It is already against the law in the UK for product issuers to cold call in relation to occupational or personal pension schemes. In 2020, ASIC introduced ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
A man and his father-in-law were charged by the US regulator for running a $30 million Ponzi scheme in which they targeted churchgoers, gaining their trust with claims their wealth and success was due to divine intervention. According to the SEC, between ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... fleeing Australia in 2019, it is alleged Nugara was living in Bali, Costa Rica and Mexico City. Other sources, including a law firm representing one of his former clients, state Nugara fraudulently obtained as much as $9 million over the years. Recent ...

Global investors look to strike gold: Study

CHLOE WALKER  |  FRIDAY, 28 APR 2023
As the price of metal goes up, professional investors around the world are set to boost allocations to gold and gold miners, according to new research by mining company Tresor Gold. The research collated in April surveyed investors responsible for $307.5 ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... fails, funds are to consider divestment. All such actions are understood to be permitted and arguably required by Australian law particularly in circumstances where Santos' growth strategy has been described by analysts as financially reckless." Further ...

Slash proposed tax rate for high super balances: FAAA

KARREN VERGARA  |  FRIDAY, 21 APR 2023
To avoid disincentivising Australians saving more for retirement, the Financial Advice Association Australia (FAAA) urges the federal government to decrease the proposed 30% tax rate for superannuation balances that exceed $3 million. This is in response ...

Experience pathway consultation opens

KARREN VERGARA  |  TUESDAY, 18 APR 2023
... the education standards for technical reasons," Treasury said. For advisers that are registered tax agents, under the new law, they will no longer be required to meet the additional education requirements to be a qualified tax relevant provider. The ...

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... "Anyone who recommends financial products or provides financial advice on social media must ensure they are complying with the law and may face ASIC enforcement action when they are not," she said. "Financial services laws exist for the protection of ...